One-Time Item
Categories: Accounting
See: One-Time Charge.
An “item” is usually a charge, but every now and then there’s a good thing that happens only once. Or a sale of a division to China. Or a big cash raise from selling shares.
That is, when it’s a one-time thing, it doesn’t happen every quarter or even every year. It’s rare, so a company has to call it out as a Thing.